taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

216-Sterling

Study Results Last Updated: Feb. 05, 2024

Category Number of Ratios ** 2023 CAD Reported Appraisal Value Median Level of Appraisal Coefficient of Dispersion % Ratios within (+/ -) 10 % of Median % Ratios within (+/ -) 25 % of Median Price - Related Differential
A.SINGLE-FAMILY RESIDENCES 45 21,950,005 0.64 22.44 33.33 62.22 0.97
B.MULTI-FAMILY RESIDENCES 0 565,432 * * * * *
C1.VACANT LOTS 0 761,727 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 3,095,977 * * * * *
E.RURAL-NON-QUAL 0 17,078,415 * * * * *
F1.COMMERCIAL REAL 0 4,089,834 * * * * *
F2.INDUSTRIAL REAL 0 607,279,080 * * * * *
G.OIL, GAS, MINERALS 32 107,269,290 1.01 1.49 96.88 100.00 1.00
J.UTILITIES 7 328,937,610 1.00 4.84 85.71 100.00 1.05
L1.COMMERCIAL PERSONAL 0 1,968,235 * * * * *
L2.INDUSTRIAL PERSONAL 0 17,651,050 * * * * *
M.OTHER PERSONAL 0 649,186 * * * * *
O.RESIDENTIAL INVENTORY 0 0 * * * * *
S.SPECIAL INVENTORY 0 0 * * * * *
OVERALL 84 1,111,295,841 0.88 22.46 10.71 71.43 0.85

* Category result not calculated. Calculation requires a minimum of five ratios from either of the following:

  • Categories representing at least 25 percent of total CAD category value.
  • Five ISDs or half the ISDs in the CAD, whichever is less
* *Statistical measures may not be reliable when the sample is small